Cheap 2 Bedroom Apartments for Rent in the Terrace Hill Neighborhood of Iowa City, IA from $800 (16 Rentals)
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Orchards & Woodlands

1545 Aber Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

904 Benton Dr

808 Benton Dr

The Banks Student Living
Terrace Hill, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Terrace Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Terrace Hill Studio Apartments | $1,140 | $990 | $1,300 |
Terrace Hill 1 Bedroom Apartments | $1,292 | $800 | $1,950 |
Terrace Hill 2 Bedroom Apartments | $1,447 | $800 | $3,350 |
Terrace Hill 3 Bedroom Apartments | $1,552 | $749 | $3,300 |
Terrace Hill 4 Bedroom Apartments | $1,811 | $729 | $2,916 |
Explore Iowa City
Terrace Hill, Iowa City, IA Local Guide
- Nearby Iowa City neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Cheap Terrace Hill Apartments
What is a cheap apartment in Terrace Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terrace Hill is under $1,500.
What is the price of a cheap apartment in Terrace Hill?
The cheapest apartment in Terrace Hill is Westgate Villa which is listed at $1,070, while the average apartment in Terrace Hill costs $1,295.
What types of apartments are the cheapest in Terrace Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Terrace Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.